THE JMMB Group’s growth trajectory continued in earnest with the year to date results more than doubling, surpassing the previous financial year’s performance.

This positive performance for the combined three quarters ended December 2021 came about despite the lingering uncertainty and operational challenges brought on by the pandemic. The group posted net profit of $8.82 billion, up 119 per cent and earnings per share of $4.23 for the nine months ended December 31, 2021.

 

Group CEO Keith Duncan remarked that, “the strength of this performance again underscores the efficacy of the group’s maintained focus on growing core revenue, diversification, and building out digital services, solutions and channels to improve client experience and efficiency.” Jamaica contributed 57 per cent to the group’s net profit performance while the Dominican Republic and Trinidad and Tobago operations contributed 32 per cent and 11 per cent, respectively.

https://www.jamaicaobserver.com/news/jmmb-group-profit-doubles_244064